Banking Tech Awards 2024: Congratulations to all of this year’s winners
We’re delighted to reveal the winners of the Banking Tech Awards 2024!
News
Corpay buys cross-border solutions provider GPS Capital Markets, unloads POS business to PDI Technologies
The deal to acquire GPS Capital Markets was first inked in June this year.
Sandstone Technology selected to power Chetwood Bank’s new digital savings platform
Chetwood announced the platform when it rebranded from Chetwood Financial Limited last month.
Lumin Digital bags $160m in growth equity
The round was led by Light Street Capital, NewView Capital and Partners Group.
WealthKernel embeds savings accounts with Griffin’s BaaS platform
Griffin’s BaaS platform was first made available to UK fintechs in September.
xMoney Global names Greg Siourounis as co-founder and CEO
The former Sui Foundation MD will focus on “partnerships, regulatory alignment and market expansion”.
Uptiq.AI acquires financial data integration fintech UpSwot for undisclosed sum
Uptiq.AI will now integrate UpSwot’s financial data gateway into its AI Workbench, which launched last month.
What the FinTech? | S.5 Episode 22 | Green finance and how fintech can help tackle climate change
In this podcast episode, Sage’s George Sandilands discusses the current state of play around green finance.
Fonepay partners Compass Plus Technologies to launch Nepal’s first virtual credit card
The launch comes after Fonepay received a domestic credit card scheme licence from Nepal’s central bank.
Solidarity Community Federal Credit Union partners Mahalo Banking for digital banking upgrade
Mahalo’s online banking tech will integrate directly with the credit union’s Corelation Keystone core banking system.
French fintech Hero secures payment institution licence from ACPR
The new licence comes just months after Hero secured €11.3 million in equity funding.
Portugal’s Rauva appoints Pedro Ventaneira as new CRO
Ventaneira’s hiring follows Tomas Oliveira da Silva’s departure from Rauva to join Staq.io in April.
US digital banking platform Milli Bank closes down
Milli Bank, which closed on 15 November, offered a savings and spending account.
Business financial management fintech KPay raises $55m in Series A funding
KPay says the round is the “largest Series A globally in the payments sector in 2024”.
Video: Mambu at Money20/20 USA 2024 – Accelerating digital transformation
Mambu’s Anshul Verma and Deloitte’s Manpreet Singh discuss how FIs can boost their digital transformation.
Citi separates Banamex from institutional banking business in Mexico
The separation comes as Citi “continues to actively work” on the proposed IPO of Banamex.
Video: Highlights from FinTech Futures’ Banking Tech Insights: Limitless Banking panel and networking event
Watch our highlights video from the FinTech Futures Banking Tech Insights event on 14 November.
9fin bags $50m in Series B funding round led by Highland Europe
9fin previously raised $23 million in a Series A+ round in 2022.
UK regtech Vixio names Christian Erlandson as new board chair
Erlandson succeeds Gehan Talwatte, who has served as the company’s chair for the last two years.
Mexican fintech start-up R2 secures $50m debt facility and $9m in fresh equity
The equity injection is an extension of the company’s $15 million Series A round from 2022.
UK specialist mortgage lender Vida Homeloans secures full banking licence, rebrands as Vida Bank
Vida Bank will operate as a specialist mortgage bank offering residential and buy-to-let mortgages.
Deel boosts European payments infrastructure with acquisition of Atlantic Money
The move follows Deel’s acquisition of South Africa-based payroll and HR company PaySpace back in March.
UK fintech Offa acquires Bank of Ireland’s Alburaq Sharia-compliant home finance portfolio
The Bank of Ireland’s Alburaq portfolio includes over 350 home purchase plans.
TSB names Banco Sabadell exec Marc Armengol as new CEO
Armengol will succeed Robin Bulloch, who is retiring after three years at the helm of TSB.
Blockchain firm WadzPay secures $36m investment commitment from GEM
WadzPay must be publicly listed for 36 months before the funds can be received.
Standard Chartered exploring potential sale of wealth and retail banking units in Botswana, Uganda and Zambia
Standard Chartered says the potential sales will fund “incremental investment” in its wealth management business.
FinTech Futures: Top five news stories of the week – 29 November 2024
Our pick of the top fintech news stories this week includes HSBC, Garanti BBVA, Monzo and more.
Sustainable investment platform Grünfin closes down
The platform was founded in 2020 to democratise access to sustainable ETFs for retail investors.
ICYMI fintech funding round-up: Habitto, Norbr, Tembo, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
November 2024: Top five fintech M&A deals of the month
FinTech Futures takes a look back at five of the top fintech M&A deals in November.
Lightyear secures direct FCA authorisation, set to relaunch in the UK
Lightyear says it plans to roll out “a number of new products” in the UK, including ISAs.
November 2024: Top five new launch stories of the month
FinTech Futures takes a look back at five of the top new launch stories in November.
Reem Finance taps Temenos to power new digital community bank
Reem Finance’s new digital community bank will utilise Temenos’ core banking, payments, and data analytics tech.
US wealthtech Range lands $28m Series B funding round
The round, which was led by Cathay Innovation, brings Range’s total funding to date to $40 million.
November 2024: Top five fintech funding rounds of the month
FinTech Futures takes a look back at five of the top funding rounds to take place over November.
French embedded banking fintech Swan names Camille Tyan as new deputy CEO
Tyan has been involved with the firm since 2020 as its supervisory board chairman.
November 2024: Top five movers and shakers stories of the month
FinTech Futures takes a look back at five of the top movers and shakers stories in November.
IFX Payments hires former Barclays VP Adam Dowling as new COO
Dowling joins from Alpha Group, where he most recently served as MD for alternative banking solutions.
Deutsche Bank adds $20m to Partior Series B as new strategic investor
Partior has now secured over $80 million through its Series B round.
November 2024: Top five banking technology stories of the month
FinTech Futures takes a look back at five of the top banking tech stories of the month.
